The Swiss National Bank could cut interest rates even further. The Swiss National Bank, battling a rise in the country's currency, could push interest rates further into negative territory, a Swiss newspaper reported on Sunday. Citing sources close to the SNB, Schweiz am Sonntag said "a rate of minus 1.5 percent is being considered".

Asian markets are mixed. Japan's Nikkei closed down 0.95% after disappointing GDP figures, while Hong Kong's Hang Seng is up 0.09% just ahead of the close, and China's Shanghai Composite is 1.73% higher.